A unit of Spain’s ACS conglomerate beat global competitors, including China Railways Construction Corp., to win the $500-million build operate and maintain contract for electrification of rail infrastructure in Israel.
Sociedad Espanola de Montajes was low bidder in the tender, that also included Siemens, Elecnor and Alstom. “The Spanish bid was substantially lower than the other competitors in the final round,” said an Israel Railways official.
The contract will cover work on 420 kilometers on 13 lines—more than 60% of the company’s existing and planned network. It includes construction of 14 substations and controls systems for the 25 kV 50 Hz power supply.
The project is part of an overall $3-billion electrification program that includes related infrastructure and new electrical locomotives designed to convert most of the state-owned company’s inter-urban network from diesel to electricity. “The electrification project will revolutionize the company and enable us to double the number of trains and passengers,” said Israel Railways CEO Boaz Tzafrir.
Under the terms of the contract, SEMI will also provide maintenance for 10 years with an option for a 15 year extension.
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